Consider the following information:

		Rate of Return if State Occurs
State of Economy	Probability of State of Economy	Stock A	Stock B
Recession	0.20	0.04	-0.19
Normal	0.60	0.09	0.15
Boom	0.20	0.15	0.31

Required:

(a)	Calculate the expected return for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 9.57% 9.20% 9.28% 9.35% 9.66%

(b)	Calculate the expected return for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 11.86% 11.40% 10.83% 9.00% 11.97%

(c)	Calculate the standard deviation for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 3.31% 3.49% 3.66% 2.47% 3.63%

(d)	Calculate the standard deviation for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 15.59% 17.07% 16.41% 11.61% 17.24%